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Fast-paced Momentum Stock Viad (VVI) Is Still Trading at a Bargain
ViadViad(US:VVI) ZACKSยท2024-10-29 13:50

Group 1: Momentum Investing Overview - Momentum investing contrasts with the traditional "buy low and sell high" strategy, focusing instead on "buying high and selling higher" to capitalize on fast-moving stocks [1] - Identifying the right entry point for trending stocks can be challenging, as they may lose momentum if future growth does not justify their high valuations [1] Group 2: Investment Strategy - A safer investment approach involves targeting bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [2] - The 'Fast-Paced Momentum at a Bargain' screen is effective in spotting fast-moving stocks that remain attractively priced [2] Group 3: Viad (VVI) Stock Analysis - Viad (VVI) has shown a four-week price change of 8.9%, indicating growing investor interest [3] - Over the past 12 weeks, VVI's stock has gained 28.1%, with a beta of 2.04, suggesting it moves 104% higher than the market in either direction [4] - VVI has a Momentum Score of B, indicating a favorable time to invest based on momentum [5] - The stock has a Zacks Rank 2 (Buy) due to upward trends in earnings estimate revisions, which attract more investor interest [6] - VVI is trading at a Price-to-Sales ratio of 0.63, suggesting it is undervalued at 63 cents for each dollar of sales [6] Group 4: Additional Investment Opportunities - Besides VVI, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, presenting additional investment opportunities [7] - The Zacks Premium Screens offer over 45 different strategies tailored to help investors find winning stock picks [8]